Forex Transformer is the latest Forex Robot, hitting the market on 19th May 2009. It seems that there’s a new forex robot being released almost every week, so what makes this robot any different from the rest?
Well the last few weeks have definitely seem some not so good robots come out. Forex Magic Machine for example turned out to be nothing more than a repackaged robot that had once been free.
So it’s with pleasure that I found out today about Forex Transformer which, from what I can see, appears to be a much better robot, similar in it’s approach to the quite successful Forex MegaDroid.
Perhaps the thing it has most in common with Forex MegaDroid is it’s claimed 96% accuracy rate. Yes, the makers of Forex Transformer are saying that the robot is able to turn a profit on 96% of all trades.
More importantly though, and a much bigger concern for most people, is that Forex Transformer employs solid money management technology that helps ensure that when a trade starts to go bad it exits the market very quickly. This is of major importance for anyone who wants to make use of a forex robot but who doesn’t have the time to keep a close eye on it.
Having said that though, as with any forex trading robot, you should always monitor it reasonably often. And certainly, before you start to tell it to start investing your real money you really must give it a good run in demo mode to check that is running in a profitable method with your chosen trader.
Anyways, now that you know about this robot, you probably want to learn more. Head over to Forex Transformer Review.
